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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
PolandPoland NBP Interest Rate Decison held to 2.5% in December 2013
FMPMonthlyReleased December 2013
Poland NBP Interest Rate Decison held to 2.5% in December 2013. The reading matched the 2.5% consensus. The print is running well below the 12-month average of 2.71%. Over the past 3 months, NBP Interest Rate Decison averaged 2.5%, vs 2.5% in the prior 3-month window. NBP Interest Rate Decison is now the lowest in 7 months.
Latest Release
2.5
Actual
2.5
Consensus
2.5
Previous
Median Absolute Error
±0 percentage points
across last 8 releases
Last Call
Dec 2013
Predicted: 2.5
Actual: 2.5
Error: +0
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| USD/JPY | ▼ Inverse | −0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
NBP Interest Rate Decison (Poland) was reported at 2.5% in December 2013. This matched the market consensus of 2.5% exactly. The reading was unchanged from the previous release. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The trailing three releases averaged 2.5%, down from the prior three at 2.58%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Watch). A secondary relationship exists with USD/JPY, negatively correlated (Watch). Over the last 8 releases, the Sigmacast model's median absolute error is 0%.
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Unemployment Rate (Jun 24) and Inflation Rate YoY (Jun 30).
Auto-generated from current model state · Refreshes on each release · Last update December 2013.
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NBP Interest Rate Decison - PL
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About NBP Interest Rate Decison — Poland
DEFINITION
The NBP Interest Rate Decision is a key financial indicator that reflects the monetary policy decisions made by the National Bank of Poland. This decision has a significant impact on the country's economy, as it determines the cost of borrowing money and influences consumer spending, inflation, and overall economic growth. Investors and businesses closely monitor this indicator to make informed decisions about their financial strategies.
WHY THIS INDICATOR MATTERS
Policy-rate decisions and associated communication are the primary near-term driver of front-end rates, currencies, and equity-discount-rate inputs. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Dec 2013): actual 2.5 %, consensus 2.5 %. Prior reading (Nov 2013): 2.5 %. Before that (Oct 2013): 2.5 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary neutral force in the current projection.